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  5. Claranet Acquires Crashless

M&A Deal Summary

Claranet Acquires Crashless

On October 22, 2008, Claranet acquired software company Crashless

Acquisition Highlights
  • This is Claranet’s 1st transaction in the Software sector.
  • This is Claranet’s 1st transaction in Portugal.

M&A Deal Summary
Date 2008-10-22
Target Crashless
Sector Software
Buyer(s) Claranet
Deal Type Add-on Acquisition

Target

Crashless

Lisbon, Portugal
Crashless is a managed services provider which specialised in providing systems and network administration services, focusing on highly complex and critical environments. These have involved technologies such as Active Directory, Exchange, clustering, virtualisation, security and data recovery.

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Buyer(S) 1

Buyer

Claranet

London, United Kingdom
Category Company
Founded 1996
Sector Internet Software and Services
Employees2,200
Revenue 220M GBP (2017)
DESCRIPTION

Claranet provides a wide range of integrated hosting, networks, and communications managed services, as well as our support and expertise 24×7. Claranet was formed in 1996 and is based in London, United Kingdom.

DEAL STATS #
Overall 1 of 23
Sector: Software M&A 1 of 2
Type: Add-on Acquisition M&A Deals 1 of 23
Country: Portugal M&A 1 of 3
Year: 2008 M&A 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2012-12-17 Typhon SAS

Paris, France

Typhon SAS is a provider of web and open source hosting services.

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